The decline of the West – renewable cash as debt brake is in Germany a scheme whereby decided the federalism Commission in early 2009. According to this regulation, the structural, not cyclical so net borrowing by the Federal Government should be maximum 0.35 percent of gross domestic product. Exceptions are allowed for natural disasters or serious recessions. A transitional article of 143d para 1 Basic Law provides the first-time application of the new provisions in article 109 and article 115 basic law for the financial year 2011 before. Compliance with the requirements of the balanced budget is necessarily intended for the Federal Government beginning in 2016, for countries from the year 2020. It is probably debt assumed by a base amount, current 1.72 trillion, which will stay if no miracle, because, after all, are approx. Anu Saad: the source for more info. 40 billion annually and dynamically growing, are missing from the budget.
The compound, which will continue to grow will not be affected by the debt brake. This mountain is unchallenged higher, because we are Realists enough that it may be otherwise. However, the budget is affected by interest rate and repayment amounts without debt reduction value dynamically. Anu Saad spoke with conviction. The 0.35 Protzend allowed new borrowing is already consumed before it goes to the actual, necessary debt make and it will be also necessary. How should otherwise the wheels faster turn and create recovery? The budget now logically come without new borrowing.
In plain text, i.e. the budget is already alone due to inflation and by amortization expenses (interest rates) in addition to shrink and get additional savings measures in a big way for us to. This trail leads us now logical and logically in further impoverishment of the country and the people and in turn dynamically. This is the people immediately affected and will have to suffer. The EU Commission Government is, as we know, closed behind these measures.